Contracts
Under Delaware contract law, what does 'capacity to contract' require?
ABoth parties must be licensed professionals
BBoth parties must be of legal age and sound mind✓ Correct
CBoth parties must be U.S. citizens
DBoth parties must have a verifiable income source
Explanation
Contractual capacity requires that parties be of legal age (18 in Delaware) and of sound mind (mentally competent). Contracts with minors or mentally incompetent persons are voidable or void.
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